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Greenway, Romford

London

£300,000
Listed on 18/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
639 sqft

Description

This two-bedroom bungalow presents a promising renovation opportunity in the sought-after area of Harold Wood, conveniently located near the Main Line Station. Although it requires a comprehensive update, the layout features two spacious bedrooms alongside a central living area, kitchen, and bathroom that are all ready for modernization. The property also boasts a generous rear garden, perfect for outdoor enhancements. With immediate availability and no onward chain, this is an excellent chance for cash buyers to invest in a property that has significant potential for lifestyle improvements and value appreciation.

Investment Analysis

(RM3 area)

Above Market Value

This property is priced +5.3% above area average per sq ft

+5.3%
This Property
£469/sq ft
Area Average
£446/sq ft
Avg Rent (weekly)
£462
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£313,247
10% above area average per sq ft
Potential ROI
-6.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (RM3)

Area prices are rising by +2.9% over the last 12 months
3 year growth: 4.6%
5 year growth: 20.0%
Investment Disclaimer: Analysis based on RM3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Greenway, Romford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,099
Based on a loan of £225,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

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